Category: Trans Mountain

The resale value of the Trans Mountain pipeline project will drop by close to $700 million if it is completed just one year behind schedule. According to a new report by the Parliamentary Budget Officer that was released Thursday morning, a one-year delay in completion would reduce the value of the Trans Mountain pipeline expansion…

The National Energy Board has rejected the City of Burnaby’s request that it rescind orders allowing the company building the Trans Mountain pipeline expansion to conduct work at its terminal in the city. The Metro Vancouver city had asked that the board cancel the orders after the Federal Court of Appeal quashed government approval for…

Construction on the controversial Trans Mountain pipeline project is probably unlikely to begin any time soon. In an interview with the West Block‘s Mercedes Stephenson, Goldy Hyder, the president of the Business Council of Canada, said based on renewed tensions between law enforcement and Indigenous people blockading pipeline work sites over the past week, he’s…

Prime Minister Justin Trudeau says he is hopeful construction on the Trans Mountain pipeline will resume next spring. But he still isn’t committing to any real timeline for when renewed consultations on the pipeline will wrap up. READ MORE: ‘This is very much a crisis’: Prime Minister Justin Trudeau says of low Alberta oil price Speaking…

A timeline for when the Trans Mountain pipeline expansion may begin is up in the air, as the Liberals announced plans to redo an environmental review of the project. The National Energy Board (NEB) has less than six months to do the review, this time taking into account the impact of additional oil tanker traffic off the…